T.S.Raveendran v. v.C.Unnikrishnan
Case brief
What is this about?
The High Court modified the interim order in a Section 138 NI Act cheque dishonour case. Instead of requiring the petitioner to deposit one-fourth of the Rs. 8 lakhs cheque amount as a condition for sentence suspension, the Court reduced the requirement to Rs. 1 lakh, noting it is too early to claim the underlying claim is false.
What did the court decide?
Condition of depositing 1/4th of Rs. 8 lakhs cheque amount modified to mandatory deposit of Rs. 1 lakh within one month.